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7 November, 02:31

What is the balance after 1 year of an account containing $1400 which is kept in an account that has a yearly nominal interest rate of 11% and is compounded

a). annually?

b). weekly?

c). every minute?

d). continuously?

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Answers (1)
  1. 7 November, 05:40
    0
    A). annually because I know it is.
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